Westgate Resorts is readying $175 million of notes backed by timeshare loans, according to DBRS.
-
First Key preps its second reperforming RMBS of the year; April CLO count reaches $29.8 billion; Toyota, Nissan file plans for notes backed by auto loans and dealer inventory financing.
May 1 -
Hunton & Williams continues its national expansion with the arrival of corporate partner John J. Dedyo in the firms New York office.
May 1 -
Ocwen Financial's recent regulatory troubles may open the door for New Residential Investment Corp. to transfer its massive subservicing portfolio to an affiliate, Nationstar Mortgage Holdings; that could either slow or speed up repayment of bonds backed by its advance receivables.
April 30 -
Issuance volume of asset-backed securities for the year through April 28, 2017.
April 28 -
A single-borrower deal and a conduit commercial mortgage securitization priced this week, bringing private-label issuance for April to $3.6 billion barely half of Marchs $7 billion.
April 28
-
Firms that offer loans to small-time landlords have been slow to tap the securitization market. So far there has only been one transaction with a public credit rating, in December 2016. Yet bundling these loans into collateral for bonds provides attractive financing.
April 28 -
The London office of Commerzbank AG Debt Fund Management is pricing its third overall CLO in a with a senior loan portfolio targeted at 346.2 million.
April 28 -
Citibank Credit Card Issuance Trust is issuing its latest revolving Citiseries securitization through $1.1 billion in notes backed by prime credit-card receivables. Also, IHS Market notes the tightening spreads in many U.S. consumer ABS asset classes.
April 28 -
Bram Smith is retiring as executive director of the Loans Syndication & Trading Association effective at years end, the trade group announced Thursday. Smith has been with the LSTA for nine years, joining as interim executive director in September 2008 before he was installed as permanent ED in December 2009.
April 27 -
The Trump Administrations initial tax plan may be short on details, but a bipartisan bill introduced Wednesday promises some very specific relief for the commercial real estate industry.
April 27 -
Morgan Stanley and Bank of America Merrill Lynch are marketing a commercial mortgage securitization that relies on the L-shaped strategy to comply with risk retention.
April 26 -
The Consumer Financial Protection Bureau ordered an auto loan servicer on Wednesday to pay $2.4 million in fines and redress to consumers for failing to abide by a 2015 consent order alleging it bullied members of the military.
April 26


